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Trump pardons convicted Binance founder

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Re: Trump pardons convicted Binance founder

#181

Post by paulbjensen »

moralestapia wrote: post #161
therein wrote: post #130

Earlier quoted context omitted.

SBF, maybe. Elizabeth Holmes, no chance.

No chance SBF ever goes out (until he's done with his sentence). Two huge factors against him: * Most people don't even know who CZ is, so this is meh-tier. People know SBF and find him repulsive, literally. Whoever puts SBF out of jail will face a massive PR backslash, he's not important enough to be worth that. * SBF stole from the rich, the only real crime in the US. Very few times you see someone who is equally h…

I watched this documentary:

https://www.bloomberg.com/features/2023-ruin-ftx-documentary...

The way CZ managed to tie up FTX in a knot was a masterclass. (about 59min in).

Re: Trump pardons convicted Binance founder

#182

Post by WheatMillington »

bdavisx wrote: post #12

Serious question - it seems that many of this Administrations activities are illegal in some way or the other. I know that government officials are shielded from a lot of actions so they can not be prosecuted. What actions that have been taken could actually be prosecuted? For example, I would have to assume that the ballroom demolition and build-out is illegal, there were $0 appropriated from Congress for this, and…

This is not "good guys versus bad guys", the democratic party are not going to wash all this badness away. They have been guilty of basically the same things, even if at a lesser scale. Biden tried to appropriate billions outside of congress for student loan forgiveness. Political pardons have been a factor since the beginning of the US experiment. Pelosi has been using her position for self-enrichment in the open for decades now.

Re: Trump pardons convicted Binance founder

#183

Post by etchalon »

Mars008 wrote: post #171
WheatMillington wrote: post #158

It's incredible that American corruption can happen out in the open like this. And this isn't a uniquely Trump phenomena. Political pardons are an amazing thing, and they have been used by presidents for a long time now with extremely little scrutiny and no possibility for repercussions. The executive being able to overrule the judiciary is an absolutely jaw-dropping American institution. So much for checks and balan…

> And this isn't a uniquely Trump phenomena Reminds of Biden pardoning his relatives without even saying for what. Just blanked pardon for everything. No democrat dropped his jaw.

He was pretty explicit about the reason why.

He feared Trump would force the DOJ to prosecute them.

And, based on what Trump's done so far with the DOJ and his enemies, he was right to do so.

Re: Trump pardons convicted Binance founder

#184

Post by marcuskane2 »

daveguy wrote: post #157

At this point, I wouldn't touch crypto with a 10 ft pole. What happens when everyone recognizes that the whole thing has turned into a money laundering grift? Who's going to give you anything for your bozo bucks? At this rate, it's not going to take long.

I think like, 90% of the crypto trading volume is by people who know it's all a grift, but are hoping to get rich while the music is still playing.

People knowingly buy into pump & dumps, gambling that they're on the early (pump) side and hoping to get out before the dump.

People will happily collect commissions selling products they know are scams or will happily collect management fees for parking investor's capital into grifts.

You'll never get truly everyone to recognize it, and it only takes one sucker at the poker table to keep every seat filled.

Re: Trump pardons convicted Binance founder

#185

Post by jajuuka »

WheatMillington wrote: post #158

It's incredible that American corruption can happen out in the open like this. And this isn't a uniquely Trump phenomena. Political pardons are an amazing thing, and they have been used by presidents for a long time now with extremely little scrutiny and no possibility for repercussions. The executive being able to overrule the judiciary is an absolutely jaw-dropping American institution. So much for checks and balan…

I mean the pardon was the check and balance on the judiciary. However it's been turned into a tool for personal gain than a saving grace for mistakes of the federal crimes convictions. Both parties have pushed for this monarchic power to be expanded over time. I think it has a place but much like a lot of the federal government it needs a complete overhaul. The checks and balances system works alright but when a unitary party controls every branch there is no one to check that power.

Re: Trump pardons convicted Binance founder

#186

Post by zer00eyz »

daveguy wrote: post #157

At this point, I wouldn't touch crypto with a 10 ft pole. What happens when everyone recognizes that the whole thing has turned into a money laundering grift? Who's going to give you anything for your bozo bucks? At this rate, it's not going to take long.

You might want to go look at CDO's... or synthetic CDOs.

In comparison, crypto looks like a rational product relative to that.

Re: Trump pardons convicted Binance founder

#187

Post by fudged71 »

IshKebab wrote: post #175

What if some criminal blatantly says "I'll give you $1bn if you pardon me" and Trump does it? Is that enough for something to happen? Because it seems like that's the only place we can go from here...

The bar is much lower https://www.nytimes.com/2025/05/27/us/politics/trump-pardon-...

Re: Trump pardons convicted Binance founder

#188

Post by Alifatisk »

I cannot comprehend how half of Americans are fine with this corrupt leader? He even does this bizarre maffia like deals out in the open for his own interest, that's how confident he is no one will say anything

The message is clear from his circus administration, you can do anything as long as you bribe them

Re: Trump pardons convicted Binance founder

#189

Post by covercash »

IshKebab wrote: post #175

What if some criminal blatantly says "I'll give you $1bn if you pardon me" and Trump does it? Is that enough for something to happen? Because it seems like that's the only place we can go from here...

It's not enough. The only thing that might make a difference will get this comment removed. And we may have even passed the point for that to have an impact.
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